US House panel opens probe into proposed FTC car buyer rule

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House Oversight Committee chair James Comer, a Republican, asked the FTC to turn over documents and answer questions by Nov. 30 on the proposed rule he said “threatens harm to consumers and small businesses by making car purchases more difficult and inhibiting innovation in the industry.”

A group of 17 Democratic lawmakers in June urged the FTC to “adopt strong regulatory protections for car buyers,” arguing “unfair and deceptive practices involving motor vehicle dealers have widespread consequences.”